Job Description

Reference # : 17-06694Title : Product Control Position - FX Fixed Income
Location : New York, NY
Position Type : Contract
Experience Level : Start Date : 07/16/2017
Description

Product Control Position - FX Fixed Income
Bank on a company that will help you reach your career goals. Eclaro is looking for a Product Control Position - FX Fixed Income for our client in New York, NY.
Eclaro’s client is one of the largest banking firms in the world, with a prominent presence in large and fast-growing markets, providing products and services that enable businesses and economies to thrive. If you’re up to the challenge, then take a chance at this rewarding opportunity!

RESPONSIBILITIES:
• Oversee and coordinate hedge accounting in accordance with IAS #39 and FAS #133 rules – fair value and cash flow hedging activities
• Assist in on-going monitoring and testing for hedge effectiveness on existing deals
• Assist in hedge accounting documentation, including initial hedge testing
• Daily/weekly/monthly production of hedging results along with P&L explain and commentary
• Produce monthly commentary on hedging results of various portfolios supported
• Participate and oversee selected projects within Finance and Balance Sheet Management
• Oversight of off-shore support team, coordinating their efforts to best support the New York team
• Support and investigate new/proposed hedging strategies
1. Customers / Stakeholders:
• Front Office business management and traders
• Various entities supported: HBUS, HBCA, HBIO, HBMX, HNAH, HBBM
• Internal and external audits
• Offshore support team
• Line Manager
• Other Product Control Functions & Business Leads
• Market and Credit Risk
• Asset Liability Management
• Change Management
2. Leadership & Teamwork:
• Works effectively within the Regional Hedging Unit. Builds and maintains a strong communication network with key stakeholders.
• Building and maintaining strong teamwork between onshore and offshore locations. Proper and timely escalation of issues to management.

EXPERIENCE/SKILLS REQUIRED:
• Strong knowledge of interest rate and FX products including controls, reconciliations, etc.
• Strong Finance skills including understanding of risk management and P&L attribution
• Strong skill-set with an understanding/insight into operational issues of fixed income products, including an aptitude towards working with bond math.
• Working knowledge of IFRS and/or US-GAAP accounting standards
• Multi-tasking with focus on product controlling, finance and accounting
• Strong/Excellent computer skills (Excel, Word, etc.), knowledge of Summit or other derivative trading systems a plus
• Excellent team player, capable of working with others in a dynamic environment
• Excellent verbal and written and communication skills

PREFERRED EXPERIENCE:
  • BS in Finance/Accounting at a minimum, CPA or MBA with a concentration in Accounting is preferred, CFA also desirable
  • Preferable to have minimum of three years experience in a top-tier public accounting firm with experience in financial services industry, preferably in fixed-rate derivative products
If hired, you will enjoy the following Eclaro Benefits:
  • 401k Retirement Savings Plan administered by Merrill Lynch
  • TransitChek Pretax Commuter Benefits
  • Eligibility to purchase Medical, Dental & Vision Insurance through Eclaro
Interested in applying? Contact Charly Vie at charly@eclaro.com now

Equal Opportunity Employer: Eclaro values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

Application Instructions

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